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Non-Tech : PARL: Parlux Fragrances, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (8)10/8/2006 9:47:59 AM
From: bionictrad  Read Replies (1) | Respond to of 10
 
This stock just came up on our screens as a major potential short squeeze candidate. The breakout on Friday on big volume is a strong indication of a strong bullish move to come. 55% of the 10 million in float are short. Just the chart alone says buy. But after seeing that Book Value is 5.23 (current price 5.70) and that the forward PE is 4 this should be a no brainer to 7-8 dollars short term. The squeeze play could make this a runner to 10 quick. Go Long.